Word: deficit
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Dates: during 1960-1969
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Eastward Initiatives. Kiesinger's first aim when he took office last December was to balance the budget, whose looming $1.2 billion deficit had caused Erhard's Cabinet to break up. With some sleight of hand, he did so, and he managed to put some steam back into the lagging economy by speeding up federal spending. He also struck at the root cause of Erhard's financial distress: the billion-dollar offset payments that Bonn makes yearly to support U.S. and British forces in Germany. Contending that Bonn no longer had the financial health to afford such large...
...semi-annual report on U.S. foreign-currency operations, Coombs explained that the largest factor in sterling's recovery has been "the underlying improvement" in Britain's pound-threatening balance-of-payments deficit. Though the British ran a deficit for the whole of 1966 (probably between $420 million and $560 million), rising exports produced a balance-of-payments surplus during the final three months of the year. This year, says a forecast from London's National Institute for Economic and Social Research, Britain should show an impressive $490 million surplus, its first since...
With his first major move since he took over the ailing company (1966 deficit: $12.6 million) in January...
Freedman's 6:28 pin of Joe Buttrill took the Crimson from a 12-11 deficit to a 16-12 lead. Paul Padlak (191) and Bob Panoff (hvy) decisions then salted the win away...
...most exciting match against Yale came in the number four spot, where senior Matt Hall battled back from a 2-1 deficit to capture the next two games and the match, 15-12 and 17-16. Another dramatic comeback was registered by Jack Harwood (eight), who rallied to win the fifth game 15-13, after dropping the first...